Sherlock
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- Jun 2, 2018
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Kenya Electricity Generating Company(KenGen) is set to begin drilling works on the $6.5 Million(KSh 709.8 Million) Geothermal Power Project, starting June this year.
This International contract was awarded to KenGen three months ago, following an agreement with the Djiboutian Office of Geothermal Energy Development (ODDEG). The project involves drilling three geothermal wells at the Galla Le Koma geothermal field in the Lake Assal region.
This is the power generating company’s third geothermal drilling contract in Africa.
The firm has already completed the first drilling at the Tulu Moye site in Ethiopia while drilling the second well. Under this contract, KenGen will drill eight wells in the Ethiopian rift valley, each well costing about KSh 630 Million
In February 2019, KenGen clinched a contract for consultancy services and drilling geothermal wells. This contract is worth US$ 76,801,344.
The electricity generator has also formed partnerships with countries such as Ethiopia and Rwanda in renewable energy development.
KenGen is considered among the world’s top 10 geothermal energy producers with a geothermal installed capacity of 706 MW.
kenyanwallstreet.com
This International contract was awarded to KenGen three months ago, following an agreement with the Djiboutian Office of Geothermal Energy Development (ODDEG). The project involves drilling three geothermal wells at the Galla Le Koma geothermal field in the Lake Assal region.
This is the power generating company’s third geothermal drilling contract in Africa.
Power generating contracts won by KenGen in Africa
In October 2019, KenGen secured a KSh 5.8 Billion contract to drill 12 geothermal wells in Ethiopia. This contract, signed between the Kenyan firm and an independent power producer, includes installing a water supply system and equipment.The firm has already completed the first drilling at the Tulu Moye site in Ethiopia while drilling the second well. Under this contract, KenGen will drill eight wells in the Ethiopian rift valley, each well costing about KSh 630 Million
In February 2019, KenGen clinched a contract for consultancy services and drilling geothermal wells. This contract is worth US$ 76,801,344.
The electricity generator has also formed partnerships with countries such as Ethiopia and Rwanda in renewable energy development.
KenGen is considered among the world’s top 10 geothermal energy producers with a geothermal installed capacity of 706 MW.
KenGen's US$6.5 Million Djibouti Power Project begins Next Month
Kenya Electricity Generating Company(KenGen) is set to begin drilling works on the $6.5 Million(KSh 709.8 Million) Geothermal Power Project, starting June this year. This International contract was awarded to KenGen […]
kenyanwallstreet.com
